| 
U.S. Federal Reserve Chairman Jerome Powell speaks during a press conference in Washington D.C., the United States, on March 20, 2019. The U.S. Federal Reserve on Wednesday left interest rates unchanged after concluding a two-day policy meeting, in a move that met market expectations and reflected the central bank's patient approach regarding monetary policy changes. (Xinhua/Liu Jie) WASHINGTON, March 20 (Xinhua) -- The U.S. Federal Reserve on Wednesday left interest rates unchanged after concluding a two-day policy meeting, in a move that met market expectations and reflected the central bank's patient approach regarding monetary policy changes. In support of the goals of fostering maximum employment and price stability, the Federal Open Market Committee (FOMC) decided to maintain the target range for the federal funds rate at 2.25 percent to 2.5 percent, the central bank said in a statement. The FOMC, the Fed's monetary policymaking body, continues to view sustained expansion of economic activity, strong labor market conditions, and inflation near the Committee's symmetric 2 percent objective as the most likely outcomes, said the statement. "In light of global economic and financial developments and muted inflation pressures, the Committee will be patient as it determines what future adjustments to the target range for the federal funds rate may be appropriate to support these outcomes," it said. | 
News